Petronet LNG is currently trading at Rs. 438.40, up by 2.70 points or 0.62% from its previous closing of Rs. 435.70 on the BSE.
The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 441.70 and Rs. 435.20 respectively. So far 64422 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 458.80 on 22-May-2017 and a 52 week low of Rs. 274.90 on 24-Jun-2016.
Last one week high and low of the scrip stood at Rs. 449.75 and Rs. 427.00 respectively. The current market cap of the company is Rs. 32887.50 crore.
The promoters holding in the company stood at 50.00%, while Institutions and Non-Institutions held 37.12% and 12.88% respectively.
Petronet LNG is in talks to buy 25% stake in Gujarat State Petroleum Corporation’s (GSPC) Rs 4,500-crore Mundra LNG import terminal in Gujarat. The 5-million tonne a year import terminal, the third facility in Gujarat for import of natural gas in its liquid form in ships, is nearing completion and GSPC is keen to shed some of its stake to lighten its debt burden.
Petronet LNG is engaged in sale of re-gasified liquefied natural gas (RLNG). The company is engaged in the import and re-gasification of liquefied natural gas (LNG). The company operates through the segment of natural gas business.